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Stoilensky, a part of NLMK Group, has produced its 15-millionth ton of pellets since the launch of its pelletizing plant. Launched in November 2016, the pelletizing plant has a design capacity of 6 million tons of pellets per year. In 2018, the plant reached the production capacity of 6.7 million tons of pellets (+12% YoY).…
DetailsThe output of the U.K. Highland Gold Mining (HGM), which mines in Russia, grew by 21% YoY, to 71,961 ounces, or 2.2 tons, of gold and gold equivalent in January-March, the company said in a statement on April 25. Production at the Mnogovershinnoye deposit jumped by 58% YoY, to 30,600 ounces, output at the Novoshirokinskoye…
DetailsPolice posts that do not allow heavy equipment to go to the field were set up at Tash-Bulak uranium deposit, press service of the Plenipotentiary Representative of the Government in Issyk-Kul region reported. Local authorities reportedly headed by the Plenipotentiary Representative of the Government in Issyk-Kul region Akylbek Osmonaliev visited the field. As of today,…
DetailsNLMK has started the scheduled repairs of the blast furnace No. 7 “Rossiyanka”. The repair will last for 14 days. It will improve the blast furnace efficiency and let NLMK start another of the Strategy 2022 projects – the reconstruction of the blast furnace No. 6. The preparation for the repair lasted for 7 months.…
DetailsMechel-Service has supplied 350 tons of rolled metal to produce metal structures for the first incineration plant in the Moscow region. Of the metal supplied Krasnoyarsk Enterprise of Technological Machine-building produces frames for the incineration boiler. Most of the metal accounted for beams and sheets manufactured at the Chelyabinsk Iron and Steel Works. The plant…
DetailsCherepovets Iron and Steel Works repair personnel together with subcontractors have completed the capital repair of one of the electric pipe-welding rigs. The machine produces welded pipes with the diameter of 12 to 38 mm for construction industry. The repair lasted for 5 days, 11 hours less than planned. (Ukrainian metal)
Details“At least 95% of the information about what we are doing and were going to do in Kyrgyzstan is not true,» Andrey Akimov, a representative of the shareholders of Central Asian Uranium Company, declared. According to him, the company is concerned about the information that has been voiced recently. At the same time, investors assure…
DetailsThe gold output of Petropavlovsk Plc, which operates gold deposits in Russia, decreased by 4.4% YoY, to 107,700 ounces, or 3.35 tons, in January-March, the company said. Petropavlovsk still plans to raise gold production to 450,000-500,000 ounces in 2019 from 422,300 ounces produced in 2018. The total cash costs may also rise to $850-950 per…
DetailsGovernment of Kyrgyzstan has not yet decided what will happen to the uranium deposit, the Prime Minister Mukhammedkaly Abylgaziev announced at the meeting of the Parliament. Deputy Kamchybek Zholdoshbaev asked what would happen to the uranium deposit in Issyk-Kul region. Mukhammedkaly Abylgaziev noted that incorrect information about uranium was disseminated. “YurAsia company was registered in…
DetailsFrom April 1, Interpipe has increased the wages of its industrial personnel by 20% on average. On April 22, the employees received an advance payment with the increase. “Interpipe is one of the largest employers in the region. At our enterprises in Dnepr, Nikolaev and Novomoskovsk we employ 12 thousand people. All the salary is…
DetailsSumgait Technologies Park (STP) has launched the supply of aluminum sections to Poland. This is the first export of aluminum profiles to Poland in the history of Azerbaijan. Negotiations on sales started in January and test products were sent to the customer company in late March. The customer originally ordered 20 tons of products as…
DetailsIn January-March, TMK sold 966 thousand tons of pipes, down by 2% YoY and by 4% QoQ. The negative dynamics was mostly caused by the drop in sales in the American division. At the same time OCTG pipes sales increased by 4% YoY, to 481 thousand tons. This year TMK expects pipe consumption by Russian…
DetailsIn January-March, Bratsk Ferroalloys Works increased exports by 30% YoY. The company was shipping ferrosilicon 75. The main suppliers were Japanese companies that used Bratsk ferroalloys to produce steel. The company does not disclose export volumes. In 2018 BZF exported 76 thousand tons of ferrosilicon, up by 10.1% YoY, including 54 thousand tons of FS65…
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